USOIL is trading in consolidation triangle pattern
Price is based on HVN at level 42.24 which indicates that USOIL is in accumulation phase
MACD shows weakness in bearish momentum
RSI rebounded from oversold region
We r waiting price to break upper limit of triangle pattern to open long trade
It's expected for coming bullish movement to target resistance levels 43.50, 45.15 respectively
Price is based on HVN at level 42.24 which indicates that USOIL is in accumulation phase
MACD shows weakness in bearish momentum
RSI rebounded from oversold region
We r waiting price to break upper limit of triangle pattern to open long trade
It's expected for coming bullish movement to target resistance levels 43.50, 45.15 respectively